Mumbai, July 7 -- The scrip was listed at Rs 171, a premium of 6.21% compared with the initial public offer (IPO) price. The stock is currently frozen at its lower limit of 5% over its listing price.

The counter hit a high of Rs 171 and a low of Rs 162.45. About 7.02 lakh shares of the company changed hands at the counter.

Silky Overseas' IPO was subscribed 132.85 times. The issue opened for bidding on 30 June 2025 and it closed on 2 July 2025. The price band for the SME IPO was set between Rs 153 and Rs 161 per share.

The IPO comprised fresh issue of 19,05,600 equity shares. The company intends to utilize the net proceeds for setting up additional storage facility, repayment or pre-payment of certain debt facilities, working capital r...